Reference no: EM132465240

(Tax Return) Chance D. Parkman, born April 3, 1988, is a single tax payer who works at the local high school. He lives at 1428 Elm Street, Springfield, Ohio. His Social Security number is 919-66-9999. Chance earned $40,000 in wages and had $3,500 withheld in federal income taxes; both items were reported to him on his W-2. He also earned $10 interest from First Bank of Springfield (IL) on his savings account. This amount was reported to him on his December 2019 bank statement. He had full year health coverage from his employment in the Springfield City School System.

• Chance would like $3 to go to the Presidential Election Campaign Fund, although he has no idea what that is. He would like any refund he may receive to be deposited into his checking account. Chance's account number is 234567891. He cannot remember the routing number for his bank. He would like for you, his professional tax preparer and CPA, to deal with the IRS for him if needed with regards to his 2019 tax return.

Question 1: Please Prepare Chance's 2019 Form 1040 and any required schedules.

• The assignment should be stapled and assembled in the correct IRS order, with the attached cover sheets on the front, then the 2019 return. Please include the names of everyone you worked with to complete the return.